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Boston News Latest Update - (AFX UK Focus) 2009-04-02 21:19 Zwirn may be ready to cede control of his firm-WSJ (Interactive Investor)


 
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home > news (AFX UK Focus) 2009-04-02 21:19 Zwirn may be ready to cede control of his firm-WSJ (Interactive Investor)

(AFX UK Focus) 2009-04-02 21:19 Zwirn may be ready to cede control of his firm-WSJ (Interactive Investor)




BOSTON, April 2 (Reuters) - Hedge fund manager Daniel Zwirn, who last year shut down his two largest offerings, stands to soon hand over substantial control of his firm, the Wall Street Journal reported on Thursday. Zwirn, who made his reputation by long delivering top returns, has fallen on hard times recently as performance soured, investors wanted out, and regulators began a probe. The ...


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